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Community Foundations are charitable trusts that support local
community causes. They
can be found in many countries throughout the world.
Currently there are more than 700 community foundations in
the United States holding approximately $40 billion in assets.
They range in size from the largest, the New York Community
Trust with assets of more than $1.7 billion, to some with assets of
$100,000 or less.
Alabama has 13 community foundations covering almost all the areas
of the state.
Community Foundations have existed in the U.S. since 1914.
The first community foundation was established in Cleveland,
Ohio. Within 5 years,
community foundations formed in places like Chicago, Boston,
Milwaukee, Minneapolis, Rhode Island and Buffalo.
The CFWA was created in 1999 as an initiative of the
Tuscaloosa Estate Planning Council.
This Council is a professional association of certified
public accountants, tax attorneys, life underwriters, trust
officers, law professors and educational development officers.
The role of the CFWA is to manage donor funds and build
endowments as well as make grants to local charities.
In a nutshell, we link local donors with local needs.
The CFWA primarily serves the nine county area of Bibb,
Fayette, Greene, Hale, Lamar, Marengo, Pickens, Sumter and
Tuscaloosa counties.
However, the Foundation can benefit any charitable cause within the
Foundation’s guidelines, regardless of location.
The initial board of the CFWA consisted of the following nine
directors: John L. Blackburn,
Jody Blackburn, Davis S. Burton, Marion Combs, Laura K. Gregory,
Thomas A. Nettles, IV, Larry O’ Neal, William Tate and William
Walker. Marion Combs
served as the first president and executive director.
Davis S. Burton served as the first chairman of the board and
continued to serve in that capacity until 2009. Thomas
A. Nettles, IV, currently serves as the board chair.
In the early developing years, all the work for the foundation
was performed by the board of directors. Lucy Kubiszyn was the first
staff member employed by the CFWA.
She was hired in July of 2003 as the executive director
working primarily in a consulting role.
The CFWA moved into its present physical office in September
2004. As the CFWA grew
and the executive director position required more time, Amanda
Espy-Brown was hired as a part-time executive director in July 2005.
Amanda worked for the CFWA just less than one year leaving to
take a teaching position at UA.
Glenn Taylor assumed the executive director’s role in June
2006 and the CFWA added an administrative assistant position in July
of that year with the addition of Rebecca Elmore to the staff.
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